Groww Multicap Fund
Groww Mutual Fund·Multi Cap Fund·vs Nifty 500 Multicap 50:25:25 TRI
The fund is positioned for a quality-biased multicap approach with meaningful exposure to infrastructure and financial services, though the recent shift toward cash and exits from technology suggests the manager is becoming cautious on growth narratives. The concentrated top-10 portfolio (35.5% weight) combined with eight exits this month signals tactical repositioning away from IT and select industrial names, possibly reflecting concerns about valuation or near-term momentum. The addition of a short-term TREPS holding indicates defensive liquidity management despite maintaining 90% equity exposure.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Regular Growth | ₹10.9132 | +4.63% | +3.63% | +1.54% | +13.77% | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
61
Top 5 Weight
16.78%
Top 10 Weight
29.12%
Active Share
—
Large Cap
25.96%
Gini
0.280
What Changed2026-03-31 → 2026-04-30
Holdings: 69 → 63+2 added−8 removed44 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| The Jammu & Kashmir Bank Limited | 1.45% |
| TREPS 04-MAY-2026 | 8.64% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | TREPS 04-MAY-2026 INTREP040526 | 8.64% |
| 2 | TD Power Systems Limited INE419M01027 | 4.54% |
| 3 | Larsen & Toubro Limited INE018A01030 | 3.53% |
| 4 | APAR INDUSTRIES LTD INE372A01015 | 2.98% |
| 5 | Navin Fluorine International Limited INE048G01026 | 2.94% |
| 6 | Multi Commodity Exchange of India Ltd. INE745G01043 | 2.78% |
| 7 | BSE Ltd INE118H01025 | 2.64% |
| 8 | ICICI Bank Limited INE090A01021 | 2.58% |
| 9 | HDFC Bank Limited INE040A01034 | 2.49% |
| 10 | Schaeffler India Ltd INE513A01022 | 2.36% |
| 11 | State Bank of India INE062A01020 | 2.27% |
| 12 | Ujjivan Small Finance Bank Limited INE551W01018 | 2.09% |
| 13 | Bank of Maharashtra INE457A01014 | 2.01% |
| 14 | Bajaj Finance Limited INE296A01032 | 2.00% |
| 15 | Adani Port & Special Economic Zone Ltd INE742F01042 | 1.99% |
| 16 | TUBE INVESTMENTS OF INDIA LTD INE974X01010 | 1.95% |
| 17 | Yatharth Hospital & Trauma Care Serv Ltd INE0JO301016 | 1.86% |
| 18 | Cummins India Limited INE298A01020 | 1.79% |
| 19 | Coforge Limited INE591G01025 | 1.70% |
| 20 | Prudent Corporate Advisory Services Ltd INE00F201020 | 1.66% |
Sector Allocation